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Facebook Expands Live Video, Challenging Tv And Web Rivals


Ron Burgundy
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A picture illustration shows a Facebook logo reflected in a person's eye, in ZenicaBy Yasmeen Abutaleb SAN FRANCISCO (Reuters) - Facebook Inc on Wednesday expanded its live video product, Facebook Live, giving the feature prominent placement on the app and rolling out features to make it easier for users to search and comment in real time. The move is the biggest challenge yet by Facebook to online rivals, including Twitter Inc's Periscope live-streaming service, Snapchat's video features and Alphabet Inc's YouTube, as well as a challenge to broadcast television. Live video is becoming a highly competitive feature on social platforms, with companies competing to stream major sports events and exclusive video components from high-profile events such as the Oscar and Grammy awards shows.




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